NOT LISTED FOR SALE

18325 Queen Elizabeth Dr Olney, MD 20832

Estimated Value: $545,000 - $663,000

3 Beds
2 Baths
1,252 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $395,000 $315 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,597/month

6 Days on Market

Highlights

  • Open Floorplan
  • Rambler Architecture
  • No HOA
  • Olney Elementary School Rated A
  • 1 Fireplace
  • Upgraded Countertops

About This Home

As of November 2018

Outstanding opportunity to own a charming 3 Bedroom 2 Bath single family home on a lovely fenced in lot on a quiet street in the Olney Square subdivision for the price of a small condo! Great schools and convenient to everything.Brand new roof installed, painted inside, and ready for a new owner to make it their own! This is a terrific home, well maintained, and is the BEST VALUE in Olney! HURRY!

Last Agent to Sell the Property

Jan Silverman

Coldwell Banker Realty Listed on: 10/04/2018

Last Buyer's Agent

Mark Quinichett

Samson Properties License #307011

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $333

Year Built

  • Built in 1972

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned R200

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,252 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Family Room Off Kitchen

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Shed

Schools

  • Olney Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Olney Square Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 30
  • Assessor Parcel Number 160800765192

Home Details

Home Type

Single Family

Est. Annual Taxes

$333

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Remarks Public: Outstanding opportunity to own a charming 3 Bedroom 2 Bath single family home on a lovely fenced in lot on a quiet street in the Olney Square subdivision for the price of a small condo! Great schools and convenient to everything.Brand new roof installed, painted inside, and ready for a new owner to make it their own! This is a terrific home, well maintained, and is the BEST VALUE in Olney! HURRY!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Breakfast Area, Upgraded Countertops, Primary Bath(s), Floor Plan - Open, Flat
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1252
  • Living Area Sq Ft: 1252
  • Price Per Sq Ft: 279.47
  • Above Grade Finished Sq Ft: 1252
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18325

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: OLNEY
  • Middle School: ROSA M. PARKS
  • High School: SHERWOOD
  • School District Key: 121138126809
  • Elementary School: OLNEY
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 116400.00
  • Land Assessed Value: 249500.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Year Assessed: 2018
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13898087
  • Tax Annual Amount: 333.17
  • Assessor Parcel Number: 160800765192
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 1252
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/05/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 1, 2018
Sold by
Residential Continuum Inc
Bought by
Mckoy Lauren
Seller's Agent
Jan Silverman
Coldwell Banker Realty
Buyer's Agent
Mark Quinichett
Samson Properties
List Price
$349,900
Sold Price
$395,000
Premium/Discount to List
$45,100
12.89%
Current Estimated Value
$583,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,601
Avg. Annual Appreciation
5.30%
Original Mortgage
$387,845
Outstanding Balance
$346,321
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$215,294

Purchase Details

Closed on
Oct 21, 2008
Sold by
Menefee Eric D
Bought by
Residential Continum Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
5.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 16, 2008
Sold by
Menefee Eric D
Bought by
Residential Continum Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
5.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 28, 2003
Sold by
Stromick Joseph R
Bought by
Menefee Eric D and Menefee Laura B

Purchase Details

Closed on
Aug 4, 1993
Sold by
Phyllis L Beaty
Bought by
Stromick Joseph R
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckoy Lauren $395,000 Acer Title & Escrow Llc
Residential Continum Inc $405,000 --
Residential Continum Inc $405,000 --
Menefee Eric D $306,235 --
Stromick Joseph R $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckoy Lauren $12,900
Open Mckoy Lauren $387,845
Previous Owner Residential Continum Inc $303,750
Previous Owner Residential Continum Inc $303,750
Previous Owner Menefee Laura B $413,000
Previous Owner Menefee Eric D $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $395,000 +12.9% $315 / Sq Ft
10/04/2018 10/04/18 For Sale $349,900 -- $279 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,005 $419,300 $262,000 $157,300
2024 $5,005 $395,900 $0 $0
2023 $4,711 $372,500 $0 $0
2022 $4,260 $349,100 $249,500 $99,600
2021 $3,515 $349,100 $249,500 $99,600
2020 $3,490 $349,100 $249,500 $99,600
2019 $3,660 $365,900 $249,500 $116,400
2018 $333 $365,900 $249,500 $116,400
2017 $322 $365,900 $0 $0
2016 $3,474 $374,600 $0 $0
2015 $3,474 $349,000 $0 $0
2014 $3,474 $323,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jan Silverman

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image
  • Mark Quinichett

    Buyer's Agent in 2018

    Mark Quinichett

    Samson Properties

    (202) 409-3868

    42 Total Sales

    Mark Quinichett
    Section Image
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Map

Source: Bright MLS

MLS Number: 1008348706

Bright MLS

APN: 08-00765192

Maryland Montgomery County Olney 20832

18325 Queen Elizabeth Dr, Olney, MD

This home is located at 18325 Queen Elizabeth Dr, Olney, MD 20832 since 04 October 2018 and is currently estimated at $583,601, approximately $466 per square foot. This property was built in 1972. 18325 Queen Elizabeth Dr is a home located in Montgomery County with nearby schools including Olney Elementary School, Rosa M. Parks Middle School, and Sherwood High School.

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